Sung An Machinery

What Sung An Machinery does

Sung An Machinery is a Seoul-based industrial equipment manufacturer founded in 1960 that designs, manufactures, and installs machinery for the converting and flexible packaging industries. The company's stated core offering centers on extrusion coating lamination machines, which apply functional and barrier layers to substrates used in multi-layer packaging. The technology is positioned around solvent-free adhesive processes and mono-material constructions, addressing regulatory and brand-driven demand for recyclable packaging — particularly the EU mandate that all packaging be recyclable by 2030.

The business model is hardware sales of capital equipment to packaging manufacturers, with an average unit price of approximately US$ 386,500 per machine and a typical multi-year contract cadence. The served market — the global extrusion coating lamination machine market — is sized at US$ 126 million in 2025 and projected to reach US$ 178 million by 2032 (5.1% CAGR), with global production of approximately 308 units per year. Sung An Machinery is a small specialist in this niche (11–50 employees, private, Seoul-headquartered) competing for share against other converting-machinery vendors; its primary customer segment is packaging manufacturers transitioning away from solvent-based adhesive lamination, of which approximately 35% of multi-layer packaging production still relies on the older process.

Data gaps materially limit the analysis: the company's website (sungan.net) returned a hosting 403 at the time of research, no company-specific revenue, leadership, funding, M&A, patent, certification, or geographic footprint data was disclosed, and no customer logos or segment splits beyond the single "packaging manufacturers" vertical were identified.

Name

Sung An Machinery

Website

https://sungan.net

Company type

Private

Founded year

1960

Headcount range

11–50 employees

Short description

Sung An Machinery is a Seoul, South Korea-based industrial equipment manufacturer founded in 1960 that designs, builds, and installs extrusion coating lamination machines for converting and flexible packaging manufacturers, with an emphasis on solvent-free, recyclable packaging technology.

Ownership category

akta.pro rank

Product category

Industrial Packaging Machinery

NAICS

Packaging Machinery Manufacturing (333993)

SIC

Special Industry Machinery (No Metalworking Machinery) (3550)

akta.pro primary industry

End-of-Line Integration & Packaging Line Systems (IMAHAOAN)

akta.pro secondary industry

Plastic Films & Laminated Packaging Structures Manufacturing (IMANAEAD)

Keywords

• Extrusion coating machinery
• Lamination machines
• Flexible packaging equipment
• Converting machinery
• Industrial packaging machinery

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Personnel

Revenue model

1. Extrusion Coating Lamination Machines: Manufacture and sale of industrial extrusion coating lamination machines for packaging applications. Machines are sold at an average price of US$ 386,500 per unit with global production reaching approximately 308 units.

Pricing tiers

Core offering

Sung An Machinery designs, manufactures, and installs extrusion coating and lamination machinery for the converting and flexible packaging industries. The company's primary offering is industrial extrusion coating lamination machines used by packaging manufacturers to produce multi-layer packaging structures, including solvent-free and mono-material systems that support recyclable packaging production.

Differentiator

Problem solved

Functional benefit

Products and services

• Extrusion Coating Lamination Machines

Quantifiable outcome

• Solvent-based adhesive lamination still accounts for approximately 35% of multi-layer packaging production, representing a significant addressable market for conversion to solvent-free technology

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves3 records

Expansion highlights3 records

Broad incumbents

• Mitsubishi Heavy Industries: Large Japanese industrial conglomerate whose machinery portfolio includes packaging and converting equipment. While not specialized in extrusion coating lamination like Sung An, it serves packaging converters with broader machinery offerings and competes at higher-end integrated line installations.

Direct peers

• Comexi: Spanish supplier of flexographic printing and converting machinery for the flexible packaging industry, including solventless and solvent-free lamination equipment. Competes with Sung An on solvent-free lamination solutions for converters globally.
• Davis-Standard: US-based manufacturer of extrusion and converting systems, including extrusion coating lines used in flexible packaging lamination. Direct competitor serving packaging converters with overlapping technology requirements.
• Windmöller & Hölscher: German manufacturer of extrusion, printing, and converting machinery for flexible packaging, with explicit extrusion coating lamination line offerings. Targets the same packaging converter customers and competes on sustainability-focused lamination technology.
• Reifenhäuser: German manufacturer of extrusion lines including extrusion coating systems used in lamination of flexible packaging. Operates in the same packaging machinery segment with overlapping customer base in packaging converters.
• Uteco: Italian manufacturer of printing, coating, and laminating machinery for flexible packaging, with solvent-free lamination capability. Directly competes with Sung An in extrusion coating and lamination equipment for sustainable packaging converters.
• Hosokawa Alpine: German-Japanese manufacturer of film extrusion and lamination equipment, with established blown and cast film lines used in multilayer flexible packaging. Comparable machinery producer serving similar converter customers in the film/lamination value chain.
• Bandera: Italian manufacturer of extrusion lines for film, sheet, and lamination applications, serving flexible packaging and industrial film producers. Competes in the same extrusion coating lamination machinery segment as Sung An.
• SML: Austrian supplier of film extrusion and lamination lines for the flexible packaging industry, with cast film and extrusion coating capabilities. Comparable product offering targeting the same packaging converter customer base.
• Bobst: Swiss-headquartered global leader in packaging machinery, including extrusion coating and laminating equipment for flexible packaging converters. Directly competes with Sung An in solvent-based and solvent-free lamination lines serving the same flexible packaging customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/sam-sungan

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sung An Machinery